Nasdaq trends suggest potential growth in 2025 as Lam Research reports strong earnings
The Nasdaq Composite index saw significant growth in 2023 and 2024, gaining 43% and 34%, respectively. Historical trends suggest it may continue to rise in 2025, driven by strong economic factors and technology adoption, particularly in artificial intelligence. Lam Research recently executed a 10-for-1 stock split, which has not yet boosted its share price. However, the company is expected to benefit from increased spending in semiconductor manufacturing, particularly for memory equipment, which is projected to grow significantly in 2025. In its latest financial report, Lam Research reported a 20% increase in revenue year-over-year. Analysts predict continued growth, with earnings expected to rise 17% in fiscal 2025, potentially increasing its stock price by 37% from current levels.